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MDI Group names CFO

December 4, 2008

MDI Group named Brad Mencher as its chief financial officer. Mencher previously served as executive VP for strategic services at the Atlanta-based company, and has been at MDI for almost 10 years. MDI provides information technology and finance/accounting staffing. It reported revenue of more tha...


Beige Book reports less demand for temps

December 4, 2008

The economy weakened and demand for temporary staffing decreased in several areas, according to the U.S. Federal Reserve's Beige Book report released Wednesday. Federal Reserve districts reporting less demand for temporary workers included Boston, Richmond VA, Chicago and Dallas. Several district...


Four-week jobless average rises 1.2%

December 4, 2008

The four-week moving average of seasonally adjusted initial jobless claims rose 1.2% to 524,500 for the holiday week ended Nov. 29 from the previous week's revised average of 518,250, the U.S. Department of Labor announced today. However, the advance figure for seasonally adjusted initial unemplo...


Sapphire Technologies names new president

December 3, 2008

Sapphire Technologies, an information technology staffing subsidiary of Randstad Holding NV, promoted Robert Dickey to president. Dickey had previously served as Sapphire's executive VP. Dickey will oversee national and regional sales efforts at Sapphire's 40 branches across the U.S.


Lexakos acquires IT staffing operation

December 3, 2008

Lexakos Consulting LLC, a company that focuses on legal compliance areas, announced Tuesday it acquired assets of The Wilson Group, an information technology staffing firm, including its recruiting team. Terms of the deal were not announced. The acquisition adds to Lexakos' specialties, which inc...


Number of online job ads falls 1.6%

December 3, 2008

The number of U.S. jobs posted online fell by 70,200, or 1.6%, in November to 4.4 million, according to The Conference Board's measure of online help-wanted ads. "Online advertised vacancies began slipping in mid-2007, some six months before the official beginning of the recession, and are now at...


U.S. service sector slows further

December 3, 2008

Economic activity in the U.S. service sector in November decreased at a quicker rate than in October, according to the Institute for Supply Management. Its nonmanufacturing index fell to a reading of 37.3 in November from 44.4 in October. Readings above 50 indicate expansion.


Kforce buys government IT services firm

December 3, 2008

Kforce Inc. (NASD: KFRC) said Tuesday it acquired dNovus RDI, a privately held supplier of information technology services to the federal government and state of Texas. Kforce is paying $38 million for San Antonio-based dNovus. "We believe this step is a significant enhancement of the Kforce foot...


Staffing index falls in November

December 3, 2008

In November, the American Staffing Association's index measuring temporary employment fell to a reading of 90 from October's reading of 94. The index's decline points to a decrease in temporary and contract staffing during November. "The increase in demand for temporary and contract employees tha...


ADP report - U.S. loses 250,000 jobs

December 3, 2008

The U.S. lost 250,000 private-sector nonfarm jobs from October to November on a seasonally adjusted basis, according to the national employment report released today by Automatic Data Processing Inc. (NYSE: ADP). In the goods-producing sector, 158,000 jobs were lost in November, according to the...